@StarLuck：$SINGAPORE AIRLINES LTD(C6L.SI)$$SATS LTD.(S58.SI)$Changi Airport’s passenger traffic for June had reached just over half, or 50.3% that of pre-pandemic June 2019. A total of 2.93 million passenger movements were handled. In the same month, aircraft movements, including both landings and takeoffs, totalled 18,400 times, equivalent to 58.6% that of June 2019. Cargo volume, less affected throughout the pandemic, was 163,000 tonnes for the month, up 1.4% y-o-y. “We are encouraged by the steady increase in passenger traffic as it is a sign that we are getting back on the trajectory of growth towards pre-pandemic levels,” says Lim Ching Kiat, Changi Airport Group’s managing director for Air Hub Development. “The reopening of Terminal 4 and partial opening of Terminal 2 will give us the capacity to support our airline partners’ efforts in restarting services and launching new routes, which are critical for us to capture post-pandemic demand for air travel,” he adds. On a quarterly basis between April and June, total passenger traffic of 7.33 million was 43.6% of pre-Covid levels, and 14 times compared to the same period last year. Aircraft movements clocked 50,500 in the same period, reaching 53.5% of pre-Covid levels, and up 96.8% y-o-y. According to CAG, strong growth was seen in flights to and from the Americas – so much so that it has exceeded pre-pandemic levels by 7.13%. As at July 1 2022, 85 airlines operate over 4,400 weekly scheduled flights at Changi Airport, connecting Singapore to some 130 cities in 46 countries and territories worldwide. @Daily_Discussion @CaptainTiger @TigerStars Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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